IndustrialBUSINESS 2LeaseholdDistrict 22 · Pioneer

31 Gul Drive

Reviewed by Nathan TangUpdated 8 November 2026Data through Jul 2007

Quick Summary

31 Gul Drive is a industrial building in District 22 · Pioneer, on land zoned BUSINESS 2 under the URA Master Plan with a gross plot ratio of 1.4. It is leasehold. 2 transactions are on record since 1995, most recently in Jul 2007. ACRA records 6 live company registrations at this address.

The facts are here — now get the verdict on 31 Gul Drive.

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What are the key facts about 31 Gul Drive?

Key takeaway31 Gul Drive is a industrial building in District 22 · Pioneer, zoned BUSINESS 2, held leasehold.

Asset class: Industrial
Land-use zone: BUSINESS 2
Gross plot ratio: 1.4
Tenure: Leasehold
District / Area: District 22 · Pioneer
Address: 31 Gul Drive
Land area: —
Completed: Not on record
Storeys: Not on record
Estate (JTC): Jurong Industrial Estate
Transactions on record: 2 (records start 1995)
Live listings: None
ACRA registrations: 6

About 31 Gul Drive

31 Gul Drive is an industrial property in Pioneer (District 22). It is located along Gul Drive, Singapore 629479.

Under the URA Master Plan the site is zoned Business 2 with a gross plot ratio of 1.4. Business 2 zoning covers general industry with a nuisance buffer of 100 m, including heavier trades.

The site is leasehold, with about 0 years left to run. A tail that short materially narrows the pool of banks willing to finance a purchase.

2 transactions have been recorded here, at a median of S$42 psf. The most recent was in July 2007.

Across JTC's rental returns for Gul Drive, the median rent for industrial space on this street works out to about S$0.34 psf per month over 7 observations. Observed medians on the street span S$0.17 to S$1.46 psf per month. These are street-level figures from undated JTC snapshots, not a rent quoted for this property.

2 industrial projects are still uncompleted on this street, adding about 13,040 sqm of gross floor area, the earliest due around 2027.

The nearest port or airport land is about 4.7 km away. The closest business-park zone is about 4.1 km away. The closest bus stop (Metall-Treat Ind) is 194 m away (about a 3-minute walk).

5 businesses are currently registered at this address with ACRA.

What is 31 Gul Drive zoned as?

Key takeaway31 Gul Drive sits on land zoned BUSINESS 2 with a gross plot ratio of 1.4.

Land-use zone: BUSINESS 2
Gross plot ratio: 1.4

Run the full zoning report for this building →

What has 31 Gul Drive sold for?

Key takeaway2 transactions are on record since 1995, most recently in Jul 2007 — too few to support a median, so the deals themselves are listed instead.

Date	Use	Price	Area	PSF
Jul 2007	Single-user Factory	S$630k	41,261 sqft	$15
Mar 1997	Single-user Factory	S$2.82M	41,261 sqft	$68

URA/JTC records from 1995 — that is where the record starts, not when the building was built. Strata and land deals can mix in one building's history; compare like with like. sqm ↔ sq ft converter

Market context around 31 Gul Drive

Key takeawayBrokers' industrial figures for Singapore as a whole — a broker's market figure, not this building's rent.

CBRE, 2Q 2026 (island-wide)

Factory (ground floor): Rent S$1.81 psf/mth
Factory (upper floor): Rent S$1.41 psf/mth
Prime logistics: Rent S$1.87 psf/mth · Capital value S$245 psf · Net yield 6.5%
Warehouse (ground floor): Rent S$1.91 psf/mth
Warehouse (upper floor): Rent S$1.39 psf/mth

Singapore Figures Q2 2026

Cushman & Wakefield, 2Q 2026 (island-wide)

Factory - Ground Floor: Rent S$1.79 psf/mth
Factory - Upper Floor: Rent S$1.57 psf/mth
High-Tech: Rent S$3.56 psf/mth
Prime Logistics - Ground Floor: Rent S$1.92 psf/mth
Prime Logistics - Upper Floor: Rent S$1.74 psf/mth
Warehouse - Ground Floor: Rent S$1.81 psf/mth
Warehouse - Upper Floor: Rent S$1.49 psf/mth

Singapore Industrial MarketBeat Q2 2026

Official series (JTC, 2026Q3): Multiple-User Factory occupancy (island-wide) 90.3% (-0.7 pp on the year) · Single-User Factory occupancy (island-wide) 89.1% (0 pp on the year) · Warehouse occupancy (island-wide) 89.7% (+0.1 pp on the year).

Brokers draw submarkets and grades differently; each figure is the broker's own, for its own area, cited to its report. Rents are per square foot per month.

What's been approved at 31 Gul Drive?

Key takeawayURA's planning decisions at 31 Gul Drive since 2000 are below. This is the building's planning history, not today's approved use of any unit: confirm a unit's approved use with URA before signing.

19 Jun 2024Renewed
Change of use
Continued use of ancillary workers' dormitory (total 40 workers) at 3rd storey at the existing factory
30 Mar 2022Approved
Additions & alterations
Proposed addition & alteration to existing factory with conversion of rc flat roof to ancillary worker's dormitory (45 workers) on lot 0497l mk 07 at 31 gul drive
6 Jul 2020Approved
Additions & alterations
Amendment to approved addition & alteration to existing factory with conversion of rc flat roof to ancillary worker's dormitory (45 workers) on lot 00497l mk07 at 31 gul drive (pioneer planning area)
14 Apr 2020Approved
Additions & alterations
Proposed addition & alteration to existing single storey factory with mezzanine floor mk07 on lot 00497l at 31 gul drive (pioneer planning area)
9 May 2019Approved
Additions & alterations
Proposed addition & alteration to existing factory with conversion of rc flat roof to ancillary worker's dormitory (45 workers) on lot 0497l mk 07 at 31 gul drive
25 Apr 2016Approved
Additions & alterations
Proposed addition & alteration works to the existing single storey factory with mezzanine floor on lot 00497l mk07 at 31 gul drive (pioneer planning area)
10 Nov 2014Approved
Additions & alterations
Proposed amendment to the approved addition & alteration to existing factory with conversion of rc flat roof to ancillary worker's dormitory (45 workers)
26 Mar 2014Approved
Additions & alterations
Proposed amendment to the approved addition & alteration to existing factory with conversion of rc flat roof to ancillary worker's dormitory (45 workers) on lot 0497l mk 07 at 31 gul drive
16 Oct 2012Approved
Additions & alterations
Proposed addition & alteration works to the existing single storey factory with mezzanine floor
23 Apr 2010Approved
Additions & alterations
Proposed addition & alteration works to the existing single storey factory with mezzanine floor

Source: URA planning decisions (URA Data Service), matched to this building by address or land lot. A past approval can lapse (a temporary permission) and belongs to the unit it names. The authoritative approved use of a unit comes from URA's Enquiry on Approved Use of Premises (S$54.50 per unit).

What is near 31 Gul Drive?

Amenities nearby

Metall-Treat Ind · 194 mDrs Koo, Fok & Associates Pte Ltd · 1.5 km

Straight-line distances. Source: PropKaki amenities data.

Getting there and parking at 31 Gul Drive

Key takeawayThere is no MRT or LRT station within 1 km; the nearest is Gul Circle, 1.0 km away. 6 public car parks are within 500 m.

Foot traffic: busier than 25% of industrial buildings

no MRT/LRT within 1 km (nearest Gul Circle, 1.0 km); bus stops within 400 m: 3, about 830 taps a weekday; Pioneer: 36,801 resident workers (Census 2020, by workplace); about 0 residents within 1 km (June 2026). Ranked against 8,225 industrial buildings by PropKaki's model: a relative score, not a footfall count.

A relative score from PropKaki's model (station and bus taps nearby, workers and residents around), not a count of people.

Bus

3 bus stops within 400 m, with 830 boardings and alightings on an average weekday.

Public car parks within 500 m

Gul Drive (URA)70 m
S$0.60 per half-hour at midday on a weekday · 39 car lots
Gul St 1 (URA)137 m
S$0.60 per half-hour at midday on a weekday · 4 car lots
Gul Ave (URA)187 m
S$0.60 per half-hour at midday on a weekday · 45 car lots
Gul St 2 (URA)248 m
S$0.60 per half-hour at midday on a weekday · 4 car lots
Gul St 3 (URA)340 m
S$0.60 per half-hour at midday on a weekday · 14 car lots

Nearest URA season parking: Joo Koon Area, 895 m away, S$90/month.

Public car parks only, by straight-line distance, with the operator's published rates. 31 Gul Drive's own car park, if it has one, and its charges are not in the open data.

Who's registered at 31 Gul Drive?

Key takeaway6 live companies (and LLPs and branches; sole proprietors are not counted) list 31 Gul Drive as their registered address. These are registered businesses, not who occupies the space.

Manufacturing
3
Transportation and storage
2
Wholesale and retail trade
1

Registered businesses, not who occupies the space: companies, LLPs and branches whose REGISTERED address is this building (ACRA), by industry. Sole proprietors are not counted; no business is named. ACRA, as of 2026-09-16.

What does industrial space rent for on this street?

Key takeawayJTC's street-level record shows a median of S$3.71 psm/month — an all-time median from 2000 onwards, not a current rent.

Street rent, median: S$3.71 psm/mo
Observed range: S$1.82 – S$15.71
Pipeline on this street: 2 projects · earliest TOP 2027

JTC street medians span 2000 to today and are an all-time level, not today's asking rent; the forward pipeline is a forecast, not committed completions.

Frequently asked questions about 31 Gul Drive

Where is 31 Gul Drive?⌄

31 Gul Drive is at 31 Gul Drive, Singapore 629479, in the Pioneer planning area.

What is 31 Gul Drive zoned as?⌄

31 Gul Drive is zoned Business 2 under the URA Master Plan, with a gross plot ratio of 1.4. Business 2 zoning covers general industry with a nuisance buffer of 100 m, including heavier trades.

What kind of business can operate at 31 Gul Drive?⌄

Business 2 zoning covers general industry with a nuisance buffer of 100 m, including heavier trades. The specific trade still has to be approved, so check the permissible-use list for your activity.

What is the tenure of 31 Gul Drive?⌄

31 Gul Drive is leasehold. About 0 years remain on the lease. Financing gets harder below roughly 30 years, so factor that into any purchase.

What have units at 31 Gul Drive sold for?⌄

Across 2 recorded transactions, the median is S$42 psf. The latest was in July 2007.

What does industrial space near 31 Gul Drive rent for?⌄

JTC's rental returns for Gul Drive put the median at about S$0.34 psf per month. That is a street-level figure from undated snapshots covering all industrial space on Gul Drive, not a rent quoted for 31 Gul Drive itself.

How many businesses are registered at 31 Gul Drive?⌄

5 businesses are currently registered at this address with ACRA. That counts registered addresses, not physical occupiers.

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Read the figures right

Year of completion is not on record for this building. Building age cannot be stated.

Foot-traffic score: PropKaki's relative score from nearby MRT and bus taps, workers and residents around (and, for retail, competing malls), ranked against buildings of the same kind. A percentile, not a count of people.

Company REGISTRATIONS at this address (ACRA), not a tenancy schedule. Registration does not mean the company physically occupies space here, and a low count does not mean the building is empty. Do not describe this as occupancy or vacancy.

Unbuilt GFA cannot be computed here — it needs BCA built-GFA, which covers about 5% of commercial buildings and no industrial ones. Zoning and plot ratio are on record; headroom is not.

Median across 2000Q1-2026Q2 — an all-time level, NOT a current rent. Quote the latest quarter for "what does it rent for now".

Reviewed by Nathan Tang

Nathan Tang has over 10 years of property experience across condominiums, HDB flats and commercial property, specialising in property research and finance.

Figures draw on URA and JTC records, URA Master Plan zoning, ACRA registrations and live commercial-portal listings; building facts from JTC estate boundaries, URA car park data (URA Data Service), PropKaki's foot-traffic model — see our methodology. Last updated 8 November 2026. For general information, not financial advice.

Getting there and parking: LTA DataMall passenger volumes and car parks, URA Data Service car park rates, HDB and JTC car park information (data.gov.sg) and HDB's published parking charges, Census of Population 2020 and the Singapore Department of Statistics' June 2026 resident population (Singapore Open Data Licence). The foot-traffic score is PropKaki's own relative model, not a count.

Market context: figures cited from CBRE Research (Singapore Figures) and Cushman & Wakefield (Singapore MarketBeat), each with its quarter and report; flexible-workspace centres from the operators' public location lists; collective sales from marketing agents' announcements and news reports, each linked.